In the fourth quarter of 2023, enterprise spending on cloud infrastructure services reached approximately 74 billion U.S. dollars. The market has seen a steady increase in quarter-over-quarter revenue over the past years and passed the 50 billion U.S. dollars mark for the first time in the fourth quarter of 2021.
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Synergy Research Group. (February 6, 2025). Worldwide cloud infrastructure services quarterly revenue from 2018 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 05, 2025, from https://www.statista.com/statistics/203598/forecast-for-the-worldwide-public-cloud-services-market-for-iaas-until-2014/
Synergy Research Group. "Worldwide cloud infrastructure services quarterly revenue from 2018 to 2024 (in billion U.S. dollars)." Chart. February 6, 2025. Statista. Accessed June 05, 2025. https://www.statista.com/statistics/203598/forecast-for-the-worldwide-public-cloud-services-market-for-iaas-until-2014/
Synergy Research Group. (2025). Worldwide cloud infrastructure services quarterly revenue from 2018 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 05, 2025. https://www.statista.com/statistics/203598/forecast-for-the-worldwide-public-cloud-services-market-for-iaas-until-2014/
Synergy Research Group. "Worldwide Cloud Infrastructure Services Quarterly Revenue from 2018 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Feb 2025, https://www.statista.com/statistics/203598/forecast-for-the-worldwide-public-cloud-services-market-for-iaas-until-2014/
Synergy Research Group, Worldwide cloud infrastructure services quarterly revenue from 2018 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/203598/forecast-for-the-worldwide-public-cloud-services-market-for-iaas-until-2014/ (last visited June 05, 2025)
Worldwide cloud infrastructure services quarterly revenue from 2018 to 2024 (in billion U.S. dollars) [Graph], Synergy Research Group, February 6, 2025. [Online]. Available: https://www.statista.com/statistics/203598/forecast-for-the-worldwide-public-cloud-services-market-for-iaas-until-2014/